Supply and Demand Have Little Relevance in Commodities Prices [View article]
Dave P, of course you're right in saying "demand" in the futures market is, well, demand in the futures market. What I'm trying to say here is something different, beyond semantics. Demand in the futures market is "real demand" plus demand created by real interest rate.
Supply and Demand Have Little Relevance in Commodities Prices [View article]